News
Tesla sponsors sustainability project for church in Oakland
Tesla sponsored a sustainability project for the Allen Temple Baptist Church in Oakland, California. The project required over 1,650 in person-hours to be completed. Additionally, the preparation, installation, and solar panels were valued at $720,000. The church noted that Tesla’s investment would yield more than $285,000 in electricity saving over the next ten years. This was Tesla’s first partnership in the nation to provide a church with solar panels.
“Tesla installed a new roof for our Family Life Center Gymnasium wing, solar panels, and power wall! It is our prayer that this large-scale project will encourage other churches to install clean and sustainable energy on their campus and continue the battle for environmental justice.”
“Our deepest thanks to Rob McCafferty, Zach Hill and the Tesla team, Congresswoman Barbara Lee and Assemblymember Mia Bonta for providing gracious proclamations, and especially to our Trustees Ministry, Buildings & Grounds Committee, and Trustee Leonard Medley, who shepherded the project,” Allen Temple said on its Facebook page.
On January 15, Allen Temple held a dedication and ribbon-cutting ceremony for a new energy storage project at its Family Life Center in Oakland, California. The project, in partnership with Tesla, was completed on December 21, 2022.
The church said in a press release that Tesla’s sponsorship of the sustainability project would help it serve the community. These savings will enable it to direct more of its resources to community support and outreach. During power outages within its community, the Family Live Center will be continuously operational as a space for residents to receive services and support.
Reverand. Dr. Jacqueline A. Thompson, who serves as Senior Pastor, spoke of the lack of equitable access to clean air, water, healthy food options, and clean energy for the Flatland communities in East Oakland.
“At the heart of the issue is access. Equitable access to clean air, clean water, healthy food options, and clean energy. But there is a growing movement in California and nationwide to provide this access in overlooked and underserved communities. Dr. Ambrose Carroll and Green The Church have stood at the intersection of the Black Church and this movement creating critical connections that promote sustainability,” she said.
“Tesla’s willingness to commit their time, talent, resources, and technology to projects in the community reflects the power and potential of business and faith-based partnerships. When equity and justice for all is the goal, we all win. I am thankful for the leadership and support of our Trustee Ministry in making this vision a reality. May this be the first of many.” she added.
Reverand Dr. Ambrose Carroll, the Founder and CEO of Green The Church thanked Tesla for its involvement in the community.
“We are thankful to see our friends at Tesla involved in work that empowers the community. Through this partnership with Allen Temple, Tesla has shown its desire to ensure that in the Bay Area, when it comes to clean tech, they want all boats to rise as the clean energy sector thrives. This project brings Allen Temple one step closer to being a ‘Resilience Hub’ for its community.”
“When the neighborhood loses power due to fires, rain, storms, floods, or earthquakes, this faith community can be ready to provide food, shelter, and health aid, all of which are standards for resilience. Gentrification and marginalization have drastically affected Deep East Oakland for a long time. The black community owns many faith buildings, some of which are storefronts and others great Cathedrals, and all these buildings across the country need retrofitting. Many, like Allen Temple, can and will become Resilience Hubs!”
Tesla’s Senior Global Director of Public Policy, Rohan Patel, said that he was proud of the Tesla partnership with Allen Temple and thanked Green The Church for helping it to make it happen.
Proud of this @tesla partnership with @allentemplebc in Oakland. Thanks @greenthechurch for helping to make it happen https://t.co/Ir4a79DxiZ
— Rohan Patel (@rohanspatel) January 21, 2023
You can view the photos from the ribbon-cutting ceremony in the gallery below.
[rl_gallery id=”229394″]
Disclosure: Johnna is a $TSLA shareholder and believes in Tesla’s mission.
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News
Tesla CEO Elon Musk says flying cars are coming
Tesla CEO Elon Musk said that flying cars will be coming to the market, something that his own company has hinted at previously.
Musk said on X, in response to a post that read, “We were promised flying cars and all we got is infinite superintelligence for everyone,” “You will get flying cars.”
You will get flying cars
— Elon Musk (@elonmusk) August 12, 2026
The post rang back to when Musk teased flying and hovering capabilities for the Tesla Roadster, the company’s supercar that has been delayed more times than anyone cares to count. It was set for an unveiling earlier this year, but it was then pushed back to August. There is still no sign of it coming.
However, that does not mean it won’t. But one of the biggest features of the Roadster that was teased was a SpaceX package that featured cold gas thrusters on the rear end that would help with white-knuckle acceleration. Another set would face the ground and would help the Roadster gain small bits of altitude, potentially helpful to jump over obstacles.
Elon Musk hints at Tesla Roadster’s “hovering” abilities in SpaceX package
But it is not a straightforward thing for Musk. As a serial entrepreneur, he tends to spend his time on major disruptors; currently, his largest projects are artificial intelligence and compute power, as well as SpaceX’s launches that will eventually make life multiplanetary.
In the past, he has been critical of flying cars and has been in favor of tunnels, one of the big reasons he started the Boring Company. In 2017 at a TED talk, he said:
“There is a challenge with flying cars in that they’ll be quite noisy. The wind force generated will be very high. Let’s just say that if something’s flying over your head, if there are a whole bunch of flying cars all over the place, that is not an anxiety-reducing situation…You’re thinking, ‘Did they service their hubcap? Or is it going to come off and guillotine me as they’re flying past?’”
However, he’s never been against them. He has also said he’s in favor of both tunnels and flying cars.
Contrary to press reports, I’m not against flying cars. Just said it was important to consider both pros and cons.
— Elon Musk (@elonmusk) March 24, 2015
Most recently, Musk said that anyone who wants a flying car should be able to get one. This was stated last October on the Joe Rogan Experience:
“My friend Peter Thiel once reflected that the future was supposed to have flying cars, but we don’t have flying cars… I think if Peter wants a flying car, we should be able to buy one.”
Whether the Roadster will be Tesla’s flying car or potentially another one remains in the mind of Musk. Of course, the Roadster will have to make its way to production lines before we find out.
Elon Musk
SpaceX’s next trillion dollar bet has nothing to do with rockets, Musk tells staff
Elon Musk told SpaceX staff AI revenue will soon dwarf rockets and Starlink combined entirely.
Elon Musk told SpaceX employees this week that artificial intelligence, not rockets, will soon carry the company’s revenue. In a roughly 29 minute internal address posted on SpaceX’s X account on Tuesday, Musk said AI revenue will pass every other line of business at SpaceX “probably in September” and pull further ahead by the fourth quarter.
The numbers he gave are specific. SpaceX currently runs 1.4 gigawatts of AI compute capacity. Musk wants that at 10 gigawatts by the end of 2027, a jump he tied directly to revenue: “if we bring 10GW of AI online by the end of next year, it will be $300 billion to $500 billion a year in revenue.” He called those “big numbers,” which undersells a projection larger than what most countries produce in a year.
We made rockets reusable and are rebuilding the internet in space. The next challenge: making life multiplanetary and understanding the true nature of the universe
Watch @ElonMusk deliver a company update to @SpaceX employees pic.twitter.com/5c8rxoCQfu
— SpaceX (@SpaceX) August 11, 2026
Musk went further on where AI fits into SpaceX’s future. “Probably in four or five years, AI will be 99% of the value of SpaceX,” he told staff, adding that digital intelligence would eventually run “a trillion times” ahead of biological intelligence as computing scales. He tied that growth to the company’s founding mission, telling employees “we must win on AI, because the future is overwhelmingly AI and robots,” with the payoff meant to help fund Starship and a Mars program that increasingly runs through Terafab, the joint Tesla, SpaceX and xAI chip plant.
Elon Musk launches TERAFAB: The $25B Tesla-SpaceXAI chip factory that will rewire the AI industry
None of this is entirely new territory. SpaceX told investors much the same story during its first earnings call as a public company on August 4, where Musk moved the company’s $1 trillion revenue target up a year to 2030 and said Starlink could someday carry a majority of the world’s internet. What the all hands video adds is a hard deadline and a specific power figure Musk had not given publicly before, along with a franker pitch to his own workforce that AI, not launch cadence, is now the thing SpaceX is betting its future on.
The AI revenue itself is not coming from SpaceX training its own models. It is largely Starlink acting as the network layer for xAI’s workloads, plus SpaceX renting out compute capacity directly, the same approach behind the roughly $16 billion the company spent on AI infrastructure in a single quarter.
Musk closed the video with a pitch aimed at recruiting and retention rather than investors, telling employees that anyone who helps SpaceX win the AI race will eventually get the chance to go to the moon or Mars themselves. Whether SpaceX can turn 1.4 gigawatts into 10 in seventeen months is the more immediate question, and one that will show up in quarterly numbers well before anyone leaves Earth.
Investor's Corner
Tesla has one big financial question to answer for investors: Morgan Stanley
In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.
